tomo logo

$2,588,000

Beds
4
Baths
3.0
sq ft
2,445

1581 Minnesota Ave, San Jose, CA 95125

1581 Minnesota Ave

San Jose, CA 95125

  • 2 days on market
    • Open house Jan 24
Welcome to this spacious 4-bedroom, 3-bathroom brand new construction in Willow Glen home located in the vibrant city of San Jose. This property offers 2,445 sq ft of living space. The kitchen is a chefs delight, featuring induction cooktop, porcelain countertops, Kitchen Aid appliances. The home is equipped with energy-efficient features such as double pane windows, Energy Star appliances, solar power, a whole house fan, and a thermostat controller. Smart house with exterior camaras and speakers. Enjoy the elegant flooring with a mix of hardwood and tile throughout. The living spaces are inviting with bay windows, high ceilings, vaulted ceilings, and a skylight. Cozy up by the fireplace in the separate family room. The primary suite includes a walk-in closet and a sunken tub. Laundry is conveniently located on the upper floor with electricity hookup (220V). The property is within the San Jose Unified Elementary School District, ensuring access to local schools. Don't miss out on this beautiful home with great amenities and prime location in San Jose.

Details

Property type

Single Family Residence

Est. home value

$2,121,114

Property condition

New Construction

Lot size

5,467 sq ft

Price per sq ft

$1,059

Year built

2024

HOA

No

Price History

01/20/2025
BridgeMLS

BridgeMLS #ML81991039

Listed
$2,588,000
-1.48%
12/18/2024
BridgeMLS

BridgeMLS #ML81980861

Removed
$2,627,000
11/09/2024
BridgeMLS

BridgeMLS #ML81980861

Price change
$2,627,000
-1.13%

Schools & Community

Neighborhood: 

Willow Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,216,461
Asking price
$2,588,000
Closing costs (~8% of asking)
-$207,040
Est. remaining loan balance
-$1,164,499
Cash to seller
$1,216,461

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

October 2021

Original loan amount

$1,254,500

Est. remaining balance

$1,164,499

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Mazen Kawadri and Kyong Hwa Kim

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 9:40 PM

Listing updated: 01/22/2025 at 3:25 AM

Listed by: Kyong H. Kim, Realty One Group Infinity Phone #: (408) 439-1167

MLS: BridgeMLS #ML81991039

BridgeMLS logo

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